Service

KPMG Asset Management Platform

Automate all phases of the tax compliance and planning process, from data collection, to tax form generation and distribution.

‹

›

Kevin Jackson

Partner in Charge, Tax, KPMG US

+1 214-840-2528

‹

›

Deirdre Fortune

National Tax Leader – Public Investment Management, KPMG US

+1 407-563-2230

‹

›

Jay Freedman

Principal, Tax Asset Management, KPMG US

+1 212-954-3693

‹

›

Jeff Millen

Partner, Tax, BTS - NYFS Asset Management, KPMG US

+1 212-872-4490

‹

›

Yesenia Scheker

Partner, Tax, OMP - New York, KPMG US

+1 212-954-3509

‹

›

Charles Ferentinos

Partner, Tax Technology, KPMG US

+1 201-307-8093

‹

›

Brad Sprong

Partner, National Tax Leader, KPMG Private Enterprise, KPMG US

+1 816-802-5270

Automate compliance, planning, and reporting

The KPMG Asset Management Platform (AMP) is leading-edge technology that can help you reimagine cost-effective, innovative ways to execute tax compliance and planning. Informed by our extensive, in-depth tax knowledge of asset management entities such as passthroughs, Regulated Investments Companies (RICs), and Real Estate Investment Trusts (REITs), the Asset Management Platform enables efficiency and transparency and helps normalize big data so you can save time, improve accuracy, and discover new tax value-adds for your organization.

Your impact: Features and benefits

Accessible: Easily accessible shared tool

Web-based and mobile accessible – available anytime, anywhere.
Real-time document collaboration and milestone tracking.
Shared access for client, KPMG, and authorized third parties.

Transparency: A window to your data

Drill-down views to analyze source amounts & adjustments.
Customized reports.
Audit trail of changes and updates.
Real-time visualization of your fund’s organizational structure.

Automation/Validation: Increased operational efficiencies

Supports all major asset classes for both Federal & State.
Seamless allocation & tiering for multi-level structure.
Easy setup process across entities with similar attributes.
Automate book/tax adjustment via percentage or change in balance.

Analytics: New insights to effectively run your business

What-if scenarios using copied projects and/or trades & holdings.
On-demand generation of tax estimates in custom reports.
Graphic data visualizations for decision support.
Quantitative relationships for patterns and trends in your tax data.
Predictive analytics in the use of models and visualizations for decision support.

Highlights by sectors

Private Equity

Fund and/or deal-specific allocations
Seamless integration with custom waterfall allocation models
Automated K-1 scanning and aggregation of K-1 pickups, including footnotes
Customizable workflow for the collection of K-1 pickups and other documents from third parties
Book and tax basis tracking of investments
Integration with fund administrators for automated consumption and validation of book data

KPMG Asset Management Platform: Private Equity

Download brochure

Private Equity (Asia Markets)

Fund and/or deal-specific allocations
Seamless integration with custom waterfall allocation models
Automated K-1 scanning and aggregation of K-1 pickups, including footnotes
Customizable workflow for the collection of K-1 pickups and other documents from third parties
Book and tax basis tracking of investments
Integration with fund administrators for automated consumption and validation of book data

KPMG Asset Management Platform: Private Equity (Asia Markets)

Download brochure

Real Estate

Fund and/or deal-specific allocations
Seamless integration with custom waterfall allocation models
Automated K-1 scanning and aggregation of K-1 pickups, including footnotes
Customizable workflow for the collection of K-1 pickups and other documents from third parties
State apportionment and withholding
Federal and State UBTI reporting
REIT Asset & Income Test Reporting

KPMG Asset Management Platform: Real Estate

Download brochure

Hedge Funds

704(c) aggregation (full or partial netting) and lot layering
Support for multiple pools/side pockets
Identification and treatment of wash sales, constructive sales, straddles, 1256 and 988 MTM, qualified dividend income, dividend received deduction, REIT dividend income reclassification, original issue discount and market discount
Lot-level book and tax basis tracking of investments enabling tax aware investing
Integration with fund administrators for automated consumption and validation of book data
Integrated business intelligence module enables real-time visualizations and data analytics

KPMG Asset Management Platform: Hedge Funds

Download brochure

Hedge Funds (Asia Markets)

704(c) aggregation (full or partial netting) and lot layering
Support for multiple pools/side pockets
Identification and treatment of wash sales, constructive sales, straddles, 1256 and 988 MTM, qualified dividend income, dividend received deduction, REIT dividend income reclassification, original issue discount and market discount
Lot-level book and tax basis tracking of investments enabling tax aware investing
Integration with fund administrators for automated consumption and validation of book data
Integrated business intelligence module enables real-time visualizations and data analytics

KPMG Asset Management Platform: Hedge Funds (Asia Markets)

Download brochure

Securities Analyzer

Identification and treatment of wash sales, constructive sales, straddles, 1256 and 988 MTM, qualified dividend income, dividend received deduction, REIT dividend income reclassification, original issue discount, and market discount
Lot-level book and tax basis tracking of investments enabling tax aware investing
Holding period tracking and adjustment
Per-share tax liability calculations
Tax lot relief identification
Integration with fund administrators for automated consumption and validation of trade data

KPMG Asset Management Platform: Tax advantage trading

Download brochure

Family Office

Cross-client tiering of K-1 information from funds serviced by KPMG
Automated K-1 scanning and aggregation of K-1 pickups, including footnotes
Customizable workflow for the collection of K-1 pickups and other documents from third parties
Book and tax basis tracking of investments
Automated feed to CCH Axcess 1040/1041 preparation

KPMG Asset Management Platform: Family office

Download brochure

Regulated Investment Companies

Calculate tax provisions for fiscal year-end, excise, modeling, and interim distributions
Customize tax reports for downstream users – financial reporting, treasury, middle and front offices
Integrated book-to-tax adjustments for wash sales, straddles, constructive sales, QDI, DRD, FTC, and various debt analysis
Seamless production of tax forms - 1120-RIC, 8613, 8621, 7004, and more

KPMG Asset Management Platform: RICs

Download brochure

Real Estate Investment Trusts

Production of Form 1120-REIT federal tax workpapers
Earnings and profits basis tracking
Net operating loss carryovers
Tier 1065 workpaper investments
Asset & Income Test Reporting

KPMG Asset Management Platform: REITs

Download brochure

Compliance and planning

KPMG Asset Management Platform is built on a foundation of data management, collaboration, workflow tracking, and reporting. This scalable infrastructure enables faster turnaround of tax compliance and planning deliverables while increasing consistency and accuracy.

Compliance process	Planning process
Complete transparency into the status of tax deliverables and the capability to drill-down into calculations (not a black box). Reduced risk of missing tax compliance and investor reporting deadlines. Increased operational efficiencies across all aspects of tax compliance (data collection, updating financial & investor/shareholder info, creating reports and tax filings).	Minimized rework time & enhanced reporting derived from one tax technology platform supporting all major asset classes for both Federal and State. Improved decision support enabled by scenario planning, modeling, estimates and data analytics. Removal of constraints on business growth and profitability by replacing manual processes and legacy systems.

Our people serving you

Our tax and technology expertise serving partnerships, RICs, and REITs, coupled with the KPMG Asset Management Platform, is the perfect combination to assist your organization with automating and streamlining compliance, planning, and reporting.

Our services

Getting started

The partners and professionals of KPMG’s Pass-through Services practice have extensive experience helping numerous partnerships, RIC, and REIT structures overcome their unique tax challenges. Working with our state and local and Washington National Tax teams, we help you realize tax advantages and maintain compliance by adding clarity through:

Modeling
Entity formation structuring
Legislative & regulatory developments
Transactions
Tax planning

As part of the delivery model, a member of the tax technology team will be available to you throughout the transition planning, client onboarding, and service stages. Some of the key tasks that the combined KPMG tax & technology team will perform during your onboarding includes: